I believe the SP will keep stable in the range of $1.04 - 1.08...

I believe the SP will keep stable in the range of $1.04 - 1.08 up until 31 March when the report is due.

Then one of two things will happen.

1. If a CR is in the works.. the SP will take a dive to the CR value, could be 10-15% discount on the current SP. Then I believe it will recover back to the $1 mark shortly after.

2. The company announces that it has secured a loan facility for such and such amount. This will cause the SP to start on its uptrend back towards the $2 mark by the end of 2019.

at the moment I think the shorts are betting on a CR. I think a debt facility is more likely given that the company has announced commercial production, which was a little premature.. given that they may end up going positive cashflow mid to late this year. I believe that they did this to get a debt facility.